Rigged market

Rigged market

Rigged Market

An illegal act or practice in which a person or company causes a price to be more favorable to an investor than market forces really justify. Rigged markets exist in order to attract investors to a company or project, but it is often not sustainable and in any case dupes the investor. There are a variety of ways to create a rigged market. See also: Price Manipulation.

Even if Wales does have a fantastic wind resource, the decision, at the behest of lobby groups such as RenewablesUK, to put this at the disposal of multinational energy companies, to increase profits by supplying electricity to rigged markets outside Wales, should shame elected Welsh politicians.

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